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    908 Oak Ridge Tpke Oak Ridge, TN 37830

    For Lease
    $395,000

    Historic 2,688 SF building ideal for medical or retail use.

    Property size:
    2,688 SF
    Lot size:
    0.50 Acres

    Property Features for 908 Oak Ridge Tpke

    General Information

    Size
    2,688 SF
    Lot size
    0.50 Acres

    Source: Wallace Commercial Agent Charles Stallings

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Historic Building Near Medical Center

    This historic brick building, originally constructed by the Army Corps of Engineers as the Housing Administration Building for the Manhattan Project, offers 2,688 square feet of space on a 0.5-acre lot. Previously used as an office for the American Red Cross, the property is located on Oak Ridge Turnpike, benefiting from a high average daily traffic count of 24,626 vehicles as of 2024. Its location bordering Oak Ridge Methodist Medical Center makes it suitable for a medical practice, dentist office, or other service-based business seeking high visibility near a busy traffic center. The building can also be adapted for retail use, such as a coffee shop, small restaurant, or other small retail business.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Medical offices

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Spa & Massage Dental Office Wholesale Shop Auto Repair Shop Hair Salon Clothing Store

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Oak Ridge
    County
    Anderson
    State
    Tennessee
    Longitude
    -84.24084
    Latitude
    36.02564

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    FAQs

    What type of property is this?
    Medical office - Historic 2,688 SF building ideal for medical or retail use.
    Where is this medical office located?
    The property is located at 908 Oak Ridge Tpke Oak Ridge, TN.
    What are key features of this property?
    This property features: - High-traffic location on Oak Ridge Turnpike (24,626 vehicles/day).; - Proximity to Oak Ridge Methodist Medical Center.; - Adaptable for medical, service, or retail businesses.
    (865) 705-3423
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    908 Oak Ridge Tpke Oak Ridge, TN 37830
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    908 Oak Ridge Tpke Oak Ridge, TN 37830
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